BITCOIN FUTURE IN DOUBT

[aylabadia05]

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

The circumstances that will answer how the answer is when they shift their focus from Bitcoin.
I just want to know from you regarding this that do you think they are sure to put high hopes other than Bitcoin?
I hope you can also answer with accountable data accuracy.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

Anyone can say anything because he has a brain that functions to think. Sometimes there are people who have brains but cannot produce thoughts that are in accordance with reality, aka just to muddy the waters.
Don't assume too far by citing sources to strengthen readers to believe if in the end it cannot be proven.

[Lanatsa]

According to research note published by CryptoSlate.

It's not a research, it's the opinion of an exchange:
https://cryptoslate.com/blofin-believes-spot-ethereum-etfs-will-drive-short-term-surge-in-eth-prices/
And ignoring the fact that it's a second-rate exchange if not third, also heavily invested in promoting meme coins it's also one of those articles made for clickbaiting and promotion.

Stop believing what every 20 words per $ "analyst" writes nowadays on the internet.

Totally on point! Newbies do really that easily get fooled into those things that they do read up on the internet without even trying to look with those sources on which we should really be thinking up first that
we are that hovering ourselves into an unpredictable space on which there's no one could really be able to tell if there would really be shifts or not when it comes to Bitcoin down under into those alts that are next in line. Speaking about future and on what would happen ahead then it would really be always unknown, whether its true or not then there's no way that we could know ahead. Also, we are on an unpredictable
market on which there would really be tons of speculations and words that would really be thrown around on which it would really be that normal that you would really be able to read up with those shit sentiments.

If you are really that a fan on listening up with those words then you would really be that easily freak out or having that kind of discouragement towards Bitcoin and would really be selling all
your BTC for ETH. looool

[Abiky]

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

There is no doubt that Bitcoin's future will be bright. Why would you think otherwise? Neither ETH nor any of the zillions of cryptocurrencies trading on the market will be able to beat BTC in terms of market cap and price. It's the one cryptocurrency that started it all!

With a limited supply of 21m coins, you can bet BTC will remain the dominant force of the market forever. Ethereum ETFs will never come close to Bitcoin ETFs in terms of market valuation. Not now nor in another century. I'd imagine companies filing ETF applications for other cryptocurrencies once ETH and SOL ETFs become a huge success. It's "Wall Street's" game now, isn't it?

[avikz]

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

I just read the article -

https://cryptoslate.com/blofin-believes-spot-ethereum-etfs-will-drive-short-term-surge-in-eth-prices/

And this article does not say anything which can support your statements. Some investors may switch to ETH. It's a personal preference of investment. Do you have any data to show that investors are selling their bitcoin to acquire ETH?

[moneystery]

you can mark my words that bitcoin will do just fine and will not be bothered at all by anything, be it etf, ethereum, or any other garbage. because bitcoin is a pioneer in the market and its credibility is much more trusted compared to those overrated altcoins. only a fool would sell their bitcoin holdings just to get altcoins whose value is mostly based on bitcoin price developments. so if you doubt the future of bitcoin, then you are one of those people who will later regret not putting your trust in bitcoin.

[Maus0728]

The data that's being supported in that article that you've quoted as many have already stated, is just an opinion that's disguised to look like an educated guess, no one really knows how the market is going to be so I don't think that it's worth investing our time on someone saying that this will happen in the future, everyone's got an opinion but it's not a prerogative for us to consider it as a holy scripture, learning to think for yourself is a thing that you should do from time to time because you do know that you can get something out of it and it's free, people always preaching things about bitcoin and acting like bitcoin doesn't have any negatives.

[348Judah]

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

Should all these be enough reason for us to doubt the future of bitcoin when all you're considering are just like a chase after a ponzi scheme,, this is altcoins we are talking about, forget about the fact that some of them may make use for ethereum network or any other strong and well recognized crypto network, they still have high rate of risk than what we could find in bitcoin, so don't try to get panic for any reason as bitcoin network remain the best and bitcoin the very best option to go for in cryptocurrency, what others are saying could be untrue.

[Abu-Naim]

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

I don’t know how true it this because I don’t think Bitcoin holders will sell their they have in their portfolio for Ethereum; they will rather stop investing in Bitcoin for now to stock more Etherum in their portfolio.
If the Ethereum ETF is lunched, there is a possibility that Ethereum will get more value than it gets now, and anyone that hold Ethereum will gain profit; but all these acts are to take people’s attention off Bitcoin which is not possible in my opinion because Bitcoin is the pioneer Crypto coin and any other coin will follow its suit.

[SOLANA-USER]

I'd like to start a reflection on the future of Bitcoin, especially concerning long-term investments. It's tempting to think of Bitcoin as a guarantee for the future, a secure bet for retirement or financial stability. However, we must consider the uncertainty inherent in any investment, no matter how promising it seems.

We can never be certain what the future holds. The cryptocurrency market, in particular, is volatile and subject to rapid and unpredictable changes. Investing using strategies like dollar-cost averaging can help mitigate some of these fluctuations, but it doesn't eliminate the risk. The truth is, we never know when a significant price drop might occur.

Moreover, there's the issue of the global economy. Anything can happen in the future that could cause a major crisis in global markets, such as wars, natural disasters, political and fiscal issues, among others. All these factors have the potential to affect not only Bitcoin but all financial assets.

A critical point for reflection is the idea of investing with such conviction for the long term but never realizing significant profits. Many of us hold the belief that Bitcoin will be a source of wealth in the future, but what if that doesn't materialize? What if our investments end up being just abstract numbers on digital screens?

Therefore, it's important to be pragmatic in our investment approaches. It's essential to have an exit strategy, consider taking profits at strategic times, and be prepared to adjust our strategy as the market evolves. This doesn't mean abandoning the long-term vision but ensuring that we make informed and conscious decisions.

[DooMAD]

Speculators will spook themselves over just about anything, won't they?  So dramatic.

Insert usual comments about weak hands.  Keep calm and zoom out, etc.

The sky is not falling. 

[Blitzboy]

Folks, I heard the talk. Some are worried about Bitcoin because of Ethereum. Set the record straight. Bitcoin is more than a flashy thing. The OG, the crypto world's basis. The digital gold standard. Ethereum's got its merits. This platform is smart and promising. But that doesnt mean Bitcoin's going anywhere. In fact, its getting stronger. Its massive, enduring, and unavoidable.

Those following the latest trend may miss that. Like sheep, they'll pursue Ethereum. Smart money values proven assets, a store of worth thats endured. That rock is Bitcoin. The future of finance rests on it. Yes, diversify your portfolio. Thats smart. Dont believe the hype. Ethereum's growth doesnt spell Bitcoin's demise. It only indicates crypto is expanding. That benefits everyone.

Remember, Bitcoin isnt just an investment. A movement. Freedom, decentralisation, and a new money mindset. Take charge of your finances. Its powerful.

[coolcoinz]

ETH? Really? A coin that was supposed to flip bitcoin years ago. A coin that is constantly being used to finance other projects and healthy lifestyles of Vitalik and Lubin...
There's no chance ETH will ever flip BTC and there's no chance a PoS coin will be bigger than Bitcoin. Especially a PoS coin that has living founders and technically passes the Howey test.

Its ETF will also end up getting much less money than bitcoin, simply because of the above. Bitcoin is an asset class of the level Ethereum will never be.

[thecodebear]

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

lol nobody is switching their focus to Ethereum. Ethereum is a playground for experiments (maybe one or more of those experiments takes off one day, maybe not). Bitcoin is global decentralized money for humanity. Two veryyyyyy different things.

[bitterguy28]

one research doesn't determine the sureness or the plausibility of such thing to happen; remember that markets are extremely volatile and an analysis from yesterday might not be true now

the gap between bitcoin and ethereum is not that close to the point that you should worry about ethereum overtaking bitcoin even with the approval of etf it will still remain the same as it is

[davis196]

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

So you think that Bitcoin's future is in doubt just because some crypto investors will sell BTC and buy ETH? Really?
There will be some short term hype around the Ethereum ETF(just like there was hype around the Bitcoin ETF), but this hype won't last for long and it won't turn Ethereum into the number one cryptocurrency. The ETH price will never reach the Bitcoin price ATH, mostly because Ethereum isn't as scarce as Bitcoin. We are witnessing a summer price drop right now and I'm sure that all cryptocurrencies(including Ethereum) are going to decrease their market cap.

[Jaycoinz]

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

I think what you are trying to do is spreading FUD which ofcourse many new crypto enthusiast get aroused by such information but if you have done your research and seen the possible outcome then you would know that Bitcoin is actually just getting started and it's future is still very great. Imagine a coin where all the world top investment and giant company have almost half of their share in it @microstrategy and so many more. Bitcoin future can only be one thing and that's greatness and I urge you let go of any fantasy and queue in onto the moving train before you get left behind.

[DarkState]

You have shared an interesting topic for discussion. It is true that the growth of the Ethereum coin and the peoples interest in it are gaining day by day. But I think Bitcoins future is bright too. The bitcoin price is likely to gain momentum in the next bull run. And if the price of Bitcoin increases a lot, peoples interest in it will increase. Investments in Bitcoin will increase. Since Bitcoin was the first cryptocurrency, it is more popular than Ethereum coins. So I think that even if Ethereums growth is good temporarily, Bitcoin futures will not be bad.

[noormcs5]

And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

No sensible investor will sell his Bitcoin to get hold of Ethereum. Yes, the money will come in ETH as its ETF is also approved but that will be new money flowing the Ethereum. Bitcoin investors will never be willing to sell their Bitcoin only to invest in Ethereum.

Secondly, I understand the fear in the market, as the price is constantly dumping. MTgox threat and all these negative sentiments are making the newbies think that Bitcoin's future is in doubt. These weak hands will sell their bitcoins and only the diamond hands will make big profits in the coming bull run.

[JoyMarsha]

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

It's dullard being who don't know about Bitcoin would spew this bullshit and expect people to clap for them for believing that Ethereum ETF will make investors divert their attention from bitcoin to Ethereum.

It is a delusional imagination if I am to say, for someone to think that bitcoin will be replaced by Ethereum or any other coin. So, remove such crap mentality from your head than believe what shillers are saying the Ethereum ETF would do. This is Ethereum that can't skyrocket Ethereum to $10k before the end of 2025, would replace bitcoin. hahaha

[Abiky]

ETH? Really? A coin that was supposed to flip bitcoin years ago. A coin that is constantly being used to finance other projects and healthy lifestyles of Vitalik and Lubin...
There's no chance ETH will ever flip BTC and there's no chance a PoS coin will be bigger than Bitcoin. Especially a PoS coin that has living founders and technically passes the Howey test.

Its ETF will also end up getting much less money than bitcoin, simply because of the above. Bitcoin is an asset class of the level Ethereum will never be.

I know, right? Why would an inferior chain replace the orignal one that started it all? Without Bitcoin, Ethereum nor any of the zillions of others coins we know and love today would've existed. BTC enjoys first-mover advantage. I fail to see how that would change in the future. Especially when no other coin is as decentralized and reliable as the "King".

The OP must be dreaming. There's nothing wrong with that, though. If held ETH in your wallet goes to the moon, you'll be able to cash out some pretty huge rewards. Same goes with holding BTC long-term. The crypto market is unpredictable. So expect the unexpected.